X

Supercharge your investing

Investor Guide Icon

Tesco  (UK)

1919

Public

Status: Repaid


Coupon Explainer

4.875%

Maturity Date

24 Mar 2042

Repaid On

08 May 2019

Interest Period

12 months

Asset Security

Senior Unsecured

Industry

Retail

Amount

£300,000,000

ISIN

XS0248395245

Ratings

S&P:  BB+, Moody's:  Ba1, Fitch:  BBB-

* Current Yield and Yield to Maturity are an estimated return calculation and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Business Description

Tesco PLC is a British multinational grocery and general merchandise retailer with headquarters in Welwyn Garden City, Hertfordshire, England, United Kingdom. It is the largest grocery retailer in the UK (with a 27.5% market share according to Kantar May 2017) and is one of the largest retailers in the world. It has stores in 12 countries across Asia and Europe.

Originally a UK grocery retailer, Tesco has diversified geographically since the early 1990s and into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol and software; financial services; telecoms and internet services.

Tesco is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Capital at risk. No FSCS cover. See Risk Statement.

 

Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note” (fractions of corporate bonds). Each Note is backed by a specific bond.

WiseAlpha Technologies Limited (FRN: 751087) is authorised and regulated by the Financial Conduct Authority in the UK. It arranges and promotes the Notes issued by WiseAlpha Limited (BVI) and from time to time other WiseAlpha Product Issuers. Only WiseAlpha Technologies is regulated for the associated activities it conducts.
WiseAlpha Technologies Limited is a company registered in England, with its registered office at Level 39, One Canada Square, Canary Wharf, London E14 5AB (Company No. 08967521).
© wisealpha.com. All rights reserved